Hummingbird Resources plc has secured a US$30 million loan as it initiates an independent review of its West Africa operations, including the possible sale of its non-core assets. KOUROUSSA The company’s largest shareholder CIG SA lent $20 million, payable in tranches, and consolidated a previous US$10 million short-term loan. Hummingbird said it anticipated changing the […]
Tag: company moves
Predator appoints Stephen Boldy as chairman
Predator Oil & Gas Holdings plc has appointed Stephen Boldy as non-executive chairman, with immediate effect. A petroleum geologist with more than 40 years’ experience, Dr Boldy is currently chief executive of Lansdowne Oil & Gas plc. From 1980 to 1984 he was a petroleum geologist for the Petroleum Affairs Division of the Department of […]
UKOG appoints Kris Bone as chief technical officer
UK Oil & Gas plc has appointed Kristopher Bone as an executive director and chief technical officer, among other board changes. Mr Bone, who joined UKOG in 2019, is a petroleum engineer and chartered chemical engineer with 25 years’ experience in the petroleum, underground gas storage and energy development sectors. He has technical knowledge, leadership […]
Predator changes board following review
Predator Oil & Gas Holdings plc has appointed its executive chairman Paul Griffiths as chief executive officer among other changes to board. Former chief operating officer Lonny Baumgardner leaves the board for personal reasons and the post of managing director is removed from the management structure. “The board wishes to thank Mr Baumgardner for his […]
Anglesey NED Namrata Verma resigns
Anglesey Mining plc non-executive director Namrata Verma has resigned with immediate effect to pursue other interests. Ms Verma was appointed to the role in December 2021. Interim chairman Andrew King said: “On behalf of the board of Anglesey, I would like to thank Namrata for her contribution to the company and we wish her well […]
Harbour completes Wintershall acquisition
Harbour Energy plc today completed its acquisition of the Wintershall Dea asset portfolio, comprising Wintershall Dea AG’s upstream assets. GLOBAL Harbour now produces 475,000 barrels of oil equivalent per day with “significant” production in Norway, the UK, Argentina, North Africa and Germany. The company said it now had a 2P reserve base of c.1.5 billion […]